CXO 0.00% 13.0¢ core lithium ltd

i don't know what to trust in CEO statements made any...

  1. 5,001 Posts.
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    i don't know what to trust in CEO statements made any more.
    Biggins, had already said we have enough money in the bank to construction phase.
    now that changes to 'now' after the 40 mil. (it doesn't cost that much to continuing increasing resource)
    I will get hammer fo this repeat comment (have said more that a few times) Biggin has said we are a 10X and when he said that we would be valued at $1.50 (which is most probably correct), yet the Board agrees to sell off the farm for 25cents?!! ...sure off a discount BUT.

    Initially, and it is why i got in ... was in a confidence in CEO, straight and forth coming with direction of CXO and its value has never held back by that, not like some CEO being cautious.... so ...and said mine construction 2020 and first production mid 2021.
    now that has been totally changed to production end 2022,
    by someones other summary- no mention of gold? or other assets, now the 40 million could go toward bring those assets into play.
    so if end of 2021 will the time line be pushed out again?
    while yes it takes time to end up mining, but Biggins has said many times in the past we are mine ready, and this has been at play for many years.
    .. .no wonder our SP has fallen becuase our status is back to explorer not miner.

    not disappionted in the future of CXO, just the stuff up to get there. my shareholding has dropped 45% when it should have gone the other way.
 
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